SAP ariba Training

 SAP Ariba Training guidelines

SAP Ariba is a software company who provides cloud-based  spend management, procurement and supply chain services that enable suppliers with buyers to connect and do business globally.SAP Ariba is the only one supply chain and  procurement collaboration solution that empowers with strength  your company to move faster and spend better. in this  SAP Ariba Training  you learn how  to connect to the largest B2B Frame network, creating dynamic and digital collaboration with millions of suppliers and other trading partners all around the world.SAP Ariba serviced integration with SAP ERP which takes out the effort which needed to collaborate Ariba with SAP. Ariba exposes  ITK  and API to do integration if your ERP.SAP Ariba is the single cloud provider with true bidirectional integration into SAP ERP and SAP S/4HANA.

SAP Ariba Topics

• SPEND ANALYSIS 
• STRATEGIC SOURCING 
• CONTRACT MANAGEMENT 
• OPERATIONAL PROCUREMENT
• INVOICE MANAGEMENT 
• SUPPLIER INFORMATION & PERFORMANCE MANAGEMEN

SPEND ANALYSIS 

SAP Ariba Spend Analysis classifies and enriches your company's spend data with market intelligence and provides advanced analytics so that you can understand your spend by supplier, buyer, category, and part to drive savings and deliver strategic value.SAP Ariba Spend analysis is the process of gathering, identifying, cleansing, grouping, categorising and analysing your organisation's spend data. This is happened with the goal of decreasing procurement costs and improving efficiencies by increasing visibility and transparency of the industry.

their are 4 stages in spend analysis

spend analytics is the process of collecting, cleansing, classifying, and analysing spend data through either dedicated software or one-off spend cubes.spend analysis is one of the most important in procurement Because spend analysis provides visibility into an organisation's procurement activities and expenditures, it allows the organisation to identify areas for cost reduction and process improvement. This, in turn, could result in a lower overall cost to procure goods and services industries.with Ariba spend management easily handling  requisition processing, budgeting, planning, supplier management, contract management, inventory management, sourcing, and product development.

STRATEGIC SOURCING 

Strategic sourcing is a procurement management process that connects data collection, spend analysis, market research, negotiation, and contracting. It stops short of the actual purchase of and payment for goods and services.Like strategic sourcing scenarios: 1-Selection of a new customer relationship management software. 2-Evaluation of financial services or employee benefits. 3-Engaging an architecture firm for a new construction projects.

Five Steps to Secure the Best Suppliers

1-Evaluate, collect data and build a strategy.,

2-Determine the right engagement model.

3-Research and award your supplier.

4-Contract implementation.

5-Invoice set up and monitoring.

CONTRACT MANAGEMENT

Ariba Contract Management is an end-to-end solution designed to eliminate  the all paper and ink with hassle  free from the creation, execution, and management of any type of contractual agreement. With SAP Ariba Contract Management, basically companies can strengthen operational, contractual, and regulatory compliance.in contract management support four types of contracts Supplier level , which covers all products from a supplier.Contract management is one of the  process of managing contract creation, execution, and analysis to maximize operational and financial performance at an organisation, all while reducing financial risk. Organisations encounter an ever-increasing amount of pressure to reduce costs and improve company performance.

OPERATIONAL PROCUREMENT

 SAP Ariba Operational Reporting API for Procurement allows you to extract and report on transactional procurement data that is needed to make operational decisions such as invoices payable or purchase requisitions requiring approval.Operational procurement refers to the procurement of goods and services that are required to sustain an organisation's day-to-day business operations

Procurement Process

1- Needs Recognition
2-Purchase Requisition
3-Requisition review
4-Solicitation process
5-Evaluation and contract
6-Order management
 7-Invoice approvals and disputes
8-Record Keeping

INVOICE MANAGEMENT

SAP Ariba Invoicing is a best-in-class, user friendly, easy-to-use procure-to-pay solution that helps industries  effectively manage all spend-related processes and ensure negotiated savings reach the bottom line.check if an invoice is paid in SAP Once you have the FI number for the invoice payment you are investigating, you can then use the WebGUI tab in BUWorks, selecting the ECC System link you may need to enable popups in your browser. On the next screen, enter the transaction code FBL1N into the search bar and hit Enter.

SUPPLIER INFORMATION & PERFORMANCE MANAGEMENT

Supplier performance management involves managing supplier performance against purchasing documents. This typically involves monitoring the operational performance of suppliers and scoring their delivery performance and adherence to quality standards. It also provides insight into sentiment and opportunity.SAP Ariba Supplier Management is an industry-leading portfolio of end-to-end solutions that centrally manages supplier information, lifecycle, performance, and risk.

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Email: Sangita@proexcellency.com, info@proexcellency.com

Phone : +91-9148251978

Landline: 08041506795

Website: https://www.proexcellency.com